Shopping Centres

Moorfield approached shopping centres
with a mixed-use occupational approach.

Ever since the rise of on-line shopping we have been very cautious of retail investment, particularly on the High Street. However, we made some shopping centre investments with the business plan of creating a ‘consumer destination’ through a combination of retail, hospitality & leisure together with residential. Moorfield realised it’s shopping centre investments and has not yet returned to this asset class.

Historic Portfolio

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Capitol Shopping Centre, Cardiff

The Capitol Shopping Centre is located within the prime retail area of Cardiff. The property is a freehold covered shopping centre with approximately 165,300 sqft of retail accommodation over 2 floors. It was constructed in 1990 and underwent extensive refurbishment and redevelopment in 1998/1999. Cardiff, as the capital city of Wales, is the principal retail and commercial centre for South Wales.

Cormill, Darlington

The Cornmill Shopping Centre is located within the prime pedestrianised area of Darlington. Constructed in 1992 and acquired in December 2006, the property is a freehold shopping centre comprising a total of 220,00 sqft of retail accommodation over 2 floors and car park of 402 spaces located in an adjoining block.

Ridings, Darlington

The Ridings Shopping Centre is situated in the heart of the city in Wakefield. It was constructed in 1992 and has undergone several refurbishments since then. Acquired in November 2005, the property is a part freehold and part long lease covered shopping centre comprising a total of 265,00 sqft of retail space over 3 floors with 1100 car parking spaces.

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